Inflation

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Bank of Korea Governor Shin Hyun-song addressing inflation concerns with economic data visuals.
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BOK governor vows proactive steps to tame inflation

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Bank of Korea Governor Shin Hyun-song said Wednesday the central bank will make proactive efforts to tame inflation until convinced prices are clearly heading toward the target level.

A crash in farm-gate onion prices six months ago has left Ethiopian farmers without capital, causing current shortages and higher costs for urban consumers in Addis Ababa.

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Minister of Planning and Economic Development Ahmed Rostom said the government is developing scenarios to curb inflation through coordination between fiscal and monetary policies.

Egypt's annual urban consumer price inflation eased to 14.6% in May 2026 from 14.9% in April, the Central Agency for Public Mobilisation and Statistics said.

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Bitcoin rose above $62,000 on June 10 after US inflation data came in line with expectations. The May Consumer Price Index rose 4.2% year over year, matching forecasts and marking the fastest pace in three years.

Crescat Capital has published analysis warning of persistent inflation driven by US fiscal imbalances.

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Inflation in Germany fell to 2.7 percent in May. The decline is due to the fuel discount and represents an exception in the eurozone.

 

 

 

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